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Strategies & Market Trends : Stock Attack II - A Complete Analysis -- Ignore unavailable to you. Want to Upgrade?


To: Paul Shread who wrote (41167)11/22/2002 11:00:39 AM
From: Haim R. Branisteanu  Respond to of 52237
 
Paul, the FED will not let the market go so low at that time (1933) there were no insured pension funds.

Actually I think the FED under AG and it's team is driving us to self destruction. People must know that stocks are risky and the pensions entrusted to money manager who can not only produce gains.

There is no real pain for average J6P stocks went down no problem housing are up and make up for the losses let's take out a second mortgage.

The increase of 48% in credit card debt for those under age 35 is very telling as is the almost 6% budget deficit for the month of October

Keep in mind that this week the markets had around 7% swing with no real economic news except the FED declaring that they will do all it takes to prop the market